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Three major stock indexes survived the worst day since mid-March due to a statement by United States President Donald Trump about a possible breakdown in relations with China, Reuters reports.
The major US stock market indices on May 14 fell 1.7-1.9%. This was reported by Reuters.
Thus, the Dow Jones Industrial Index fell 1.96%, the S&P 500 Index fell 1.88%, the Nasdaq Composite Index fell 1.70%. According to the agency, this is the worst day on the stock market in almost two months, since mid-March.
The reason for the negative trends in the market was the statement today by the President of the United States, Donald Trump, that Washington is considering the possibility of a complete cessation of relations with China due to the role of Beijing in the beginning of the pandemic. of coronavirus.
Representatives of Trump and the Republican Party have repeatedly accused China of failing to warn the world about the seriousness of the epidemic in time and of threatening Beijing with serious consequences. According to Trump, the United States has repeatedly asked Chinese authorities to allow US experts to enter the country to investigate the outbreak of a new coronavirus.
According to the Associated Press, China was silent for several days so that the virus can be transmitted from person to person, which means it can cause an epidemic. According to some experts, this “paved the way for the COVID-19 pandemic.”
In April, Fox News, citing various sources familiar with the Chinese authorities’ decisions and having seen the relevant documents, said that the virus did not start spreading from the market, but from the Wuhan laboratory, and that its employee was the ” null patient “.
The Chinese Foreign Ministry said that the version of the coronavirus leak from Wuhan’s laboratory had no evidence and that Beijing fully and timely informed everyone of the outbreak.
An outbreak of COVID-19 coronavirus infection started in late 2019 in China. On March 11, the World Health Organization announced the spread of the coronavirus pandemic.
According to the American Johns Hopkins University, more than 4.37 million people were infected with the coronavirus worldwide, 298,000 of them died and 1.56 million recovered. The United States ranks first in the world in number of infected and killed by COVID-19. Almost 1.39 million people were infected with coronavirus, more than 84.1 thousand died.
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